Regis University Financial Aid and Scholarships
Students Receiving Aid
58%
Total Aid Amount
$41.457M
Financial Aid Official Website
www.regis.edu/FinancialAid
As many as 99% of the students at RU get some sort of financial aid, and the total amount of assistance/loans provided is more than $12,546,643 in a year. For additional information about financial assistance schemes, one can head over to RU’s financial aid page at http://www.regis.edu/FinancialAid. Notably, a total of 32% of the applicants to Regis University receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 32% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,805, while the same comes to $5,813 for State Grant receivers and $19,009 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,152. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $26,567 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $26,892, while those falling in the $48,001-$75,000 income category get $25,699 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $22,593. And, for those with a family income of more than $110,000, the amount stands at $18,419. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 55% of the applicants to Regis University opt for student loans.
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